The latest on whale activity in the cryptocurrency market on December 22, 2024
XRP $XRP
Cryptocurrency whales have made significant purchases of XRP, which may indicate their belief in the potential growth of the cryptocurrency. Over $668 million in XRP has been purchased in recent weeks. As the price of XRP fell to $2.20 and then rose to $2.28, the whales spent $288 million to buy XRP. In one case, another $380 million in XRP was added to wallets. Analysts predict that the price of XRP could soon rise to $5.8.
Ethena (ENA) $ENA
The ENA token has also caught the attention of whales. Currently valued at $0.9432, whales have recently purchased over 36.55 million ENA during price declines, which shows their confidence in the potential of the token. Market experts expect the ENA price to reach $2.1 soon.
Minotaurus (MTAUR)
The Minotaurus (MTAUR) project is on track to reach 1 million USDT in its pre-sale, reflecting the growing interest in the token ahead of its official launch. The success of the pre-sale has caught the attention of investors looking for new opportunities in the cryptocurrency market.
Whale activity in the cryptocurrency market is often seen as an indicator of investor sentiment and can influence the future price movements of individual tokens.